1. At a Glance
Bajaj Finance dropped a Q1 profit of ₹4,765 Cr, flexing an AUM of ₹4.4 lakh Cr, and proving yet again that it’s not a finance company—it’s the finance company. But with a 34x PE and 6.2x P/B, are we paying for tomorrow’s EMI dreams today?
2. Introduction with Hook
If Indian NBFCs were a Bollywood movie, Bajaj Finance would be the Amitabh Bachchan—veteran, still leading, and somehow louder every quarter. From launching 26 product lines to making “EMI” a household word, BFL is the reason your cousin in Jhansi bought an iPhone 15 on zero down payment.
Oh, and their stock price CAGR over 10 years? 34%. That’s not compounding. That’s rocket fuel with a Bajaj logo.
3. Business Model (WTF Do They Even Do?)
“Basically, they lend you money you didn’t know you needed, for things you probably shouldn’t buy, and make you feel good about it.”
- Retail Lending – Personal loans, consumer durables, lifestyle spends.
- SME Lending – Business loans, working capital for SMEs, equipment financing.
- Commercial Lending – Loans to large corporates, infra-linked financing.
- Deposits – Yes, they take your money too. FD book? Solid.
And let’s not forget: Flexi Loans, EMI Cards, Wallets, Insta EMI apps—if you can borrow
